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ELSS (Equity Linked Savings Scheme) Mutual Funds

Equity Linked Savings Scheme or ELSS are the equity funds that invest majorly in equity or equity-related instruments. They offer the tax benefits under the new Section 80C of the Income Tax Act 1961.

  • ⏱ Horizon: Long
  • 🔢 Total funds: 56
  • 💰 Total AUM: 2,55,750 Cr

Best performing ELSS (Equity Linked Savings Scheme) Mutual Funds

NameAUM (Cr)Exp Ratio (%)1Y Return3Y CAGR5Y CAGR
Sundaram LT Micro Cap Tax Adv Fund-Sr VI36.211.184.03%18.58%27.44%
Sundaram LT Tax Adv Fund-Sr III35.111.181.37%19.26%27.37%
Sundaram LT Tax Adv Fund-Sr IV22.511.180.36%19.84%27.22%
Sundaram LT Micro Cap Tax Adv Fund-Sr IV36.061.333.84%18.53%26.60%
Sundaram LT Micro Cap Tax Adv Fund-Sr V30.701.193.37%18.42%26.57%
Sundaram LT Micro Cap Tax Adv Fund-Sr III76.221.254.46%18.18%26.17%
Quant ELSS Tax Saver Fund12,514.160.664.45%15.10%25.25%
HDFC ELSS Tax saver17,241.171.087.91%21.11%23.26%
SBI ELSS Tax Saver Fund32,326.500.942.68%23.28%23.10%
SBI LT Advantage Fund-IV213.23—0.98%15.43%22.52%

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Overview of ELSS (Equity Linked Savings Scheme) Mutual Funds

Sundaram LT Micro Cap Tax Adv Fund-Sr VI
  • AUM
    ₹ 36.21 Cr.
  • Expense Ratio
    1.18%
  • 5Y CAGR
    27.44%
Performance
The fund's annualised performance has been 13.25% since inception.
Risk
The fund has been categorised as Very High by SEBI and has a standard deviation of 16.05% vs its category average of 13.91%.
Composition
Small Cap makes up for the majority of the fund at 86.89% along with the largest allocation towards Private Banks at 11.96%.
Sundaram LT Tax Adv Fund-Sr III
  • AUM
    ₹ 35.11 Cr.
  • Expense Ratio
    1.18%
  • 5Y CAGR
    27.37%
Performance
The fund's annualised performance has been 15.01% since inception.
Risk
The fund has been categorised as Very High by SEBI and has a standard deviation of 15.88% vs its category average of 13.91%.
Composition
Small Cap makes up for the majority of the fund at 81% along with the largest allocation towards Investment Banking & Brokerage at 12.17%.
Sundaram LT Tax Adv Fund-Sr IV
  • AUM
    ₹ 22.51 Cr.
  • Expense Ratio
    1.18%
  • 5Y CAGR
    27.22%
Performance
The fund's annualised performance has been 17.81% since inception.
Risk
The fund has been categorised as Very High by SEBI and has a standard deviation of 15.67% vs its category average of 13.91%.
Composition
Small Cap makes up for the majority of the fund at 79.61% along with the largest allocation towards Investment Banking & Brokerage at 11.6%.
Sundaram LT Micro Cap Tax Adv Fund-Sr IV
  • AUM
    ₹ 36.06 Cr.
  • Expense Ratio
    1.33%
  • 5Y CAGR
    26.6%
Performance
The fund's annualised performance has been 13.17% since inception.
Risk
The fund has been categorised as Very High by SEBI and has a standard deviation of 16.14% vs its category average of 13.91%.
Composition
Small Cap makes up for the majority of the fund at 85.13% along with the largest allocation towards Private Banks at 11.87%.
Sundaram LT Micro Cap Tax Adv Fund-Sr V
  • AUM
    ₹ 30.70 Cr.
  • Expense Ratio
    1.19%
  • 5Y CAGR
    26.57%
Performance
The fund's annualised performance has been 13.3% since inception.
Risk
The fund has been categorised as Very High by SEBI and has a standard deviation of 16.4% vs its category average of 13.91%.
Composition
Small Cap makes up for the majority of the fund at 84.09% along with the largest allocation towards Private Banks at 11.41%.
Sundaram LT Micro Cap Tax Adv Fund-Sr III
  • AUM
    ₹ 76.22 Cr.
  • Expense Ratio
    1.25%
  • 5Y CAGR
    26.17%
Performance
The fund's annualised performance has been 14.43% since inception.
Risk
The fund has been categorised as Very High by SEBI and has a standard deviation of 16.41% vs its category average of 13.91%.
Composition
Small Cap makes up for the majority of the fund at 85.46% along with the largest allocation towards Private Banks at 11.66%.
Quant ELSS Tax Saver Fund
  • AUM
    ₹ 12,514.16 Cr.
  • Expense Ratio
    0.66%
  • 5Y CAGR
    25.25%
Performance
The fund's annualised performance has been 20.26% since inception.
Risk
The fund has been categorised as Very High by SEBI and has a standard deviation of 16.04% vs its category average of 13.91%.
Composition
Large Cap makes up for the majority of the fund at 87.62% along with the largest allocation towards Power Generation at 15.82%.
HDFC ELSS Tax saver
  • AUM
    ₹ 17,241.17 Cr.
  • Expense Ratio
    1.08%
  • 5Y CAGR
    23.26%
Performance
The fund's annualised performance has been 15.51% since inception.
Risk
The fund has been categorised as Very High by SEBI and has a standard deviation of 11.15% vs its category average of 13.91%.
Composition
Large Cap makes up for the majority of the fund at 79% along with the largest allocation towards Private Banks at 33.62%.
SBI ELSS Tax Saver Fund
  • AUM
    ₹ 32,326.50 Cr.
  • Expense Ratio
    0.94%
  • 5Y CAGR
    23.1%
Performance
The fund's annualised performance has been 16.47% since inception.
Risk
The fund has been categorised as Very High by SEBI and has a standard deviation of 11.8% vs its category average of 13.91%.
Composition
Large Cap makes up for the majority of the fund at 58.83% along with the largest allocation towards Private Banks at 19.14%.
SBI LT Advantage Fund-IV
  • AUM
    ₹ 213.23 Cr.
  • Expense Ratio
    0%
  • 5Y CAGR
    22.52%
Performance
The fund's annualised performance has been 20.65% since inception.
Risk
The fund has been categorised as Very High by SEBI and has a standard deviation of 12.52% vs its category average of 13.91%.
Composition
Large Cap makes up for the majority of the fund at 61.17% along with the largest allocation towards Specialized Finance at 11.55%.
This compilation has been made as and by way of an update from the publicly available sources of information.This compilation is provided for information purposes only and is not intended to be relied upon by any party as the basis of any decision.

While every effort has been made to take due care in publishing this compilation and to avoid errors or omissions, this compilation is published with a condition and understanding that the Anchorage Technologies Private Limited (ATPL) shall not be responsible for any damages, compensation or loss or action taken or abstained to be taken on the basis of this article/commentary to any person whomsoever.

Investing in Mutual Funds,Stocks/ETFs (Exchange Traded Funds) and securities are subject to market risk. Please read all the related documents carefully before investing. Investors should consider all risk factors and consult their financial advisor before investing. Representations are not indicative of future results.